vs
直觉外科（ISRG）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
皇家加勒比集团的季度营收约是直觉外科的1.5倍（$4.3B vs $2.8B），直觉外科净利率更高（29.8% vs 17.9%，领先11.9%），直觉外科同比增速更快（23.0% vs 13.2%），过去两年直觉外科的营收复合增速更高（17.4% vs 1.8%）
直觉外科（Intuitive Surgical）是美国医疗科技企业，主打研发、生产及销售微创外科手术机器人产品，核心产品为达芬奇手术系统，可有效提升患者临床治疗效果。该公司为纳斯达克100、标普100及标普500指数成分股，截至2021年末全球达芬奇系统装机量达6730台，其中美国市场占4139台。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
ISRG vs RCL — 直观对比
营收规模更大
RCL
是对方的1.5倍
$2.8B
营收增速更快
ISRG
高出9.7%
13.2%
净利率更高
ISRG
高出11.9%
17.9%
两年增速更快
ISRG
近两年复合增速
1.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $4.3B |
| 净利润 | $826.0M | $762.0M |
| 毛利率 | 66.1% | — |
| 营业利润率 | 64.8% | 21.9% |
| 净利率 | 29.8% | 17.9% |
| 营收同比 | 23.0% | 13.2% |
| 净利润同比 | 17.4% | 36.3% |
| 每股收益（稀释后） | $2.28 | $2.76 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ISRGRCL
| Q1 26 | $2.8B | $4.3B | ||
| Q4 25 | $2.9B | $4.3B | ||
| Q3 25 | $2.5B | $5.1B | ||
| Q2 25 | $2.4B | $4.5B | ||
| Q1 25 | $2.3B | $4.0B | ||
| Q4 24 | $2.4B | $3.8B | ||
| Q3 24 | $2.0B | $4.9B | ||
| Q2 24 | $2.0B | $4.1B |
净利润ISRGRCL
| Q1 26 | $826.0M | $762.0M | ||
| Q4 25 | $794.8M | $753.0M | ||
| Q3 25 | $704.4M | $1.6B | ||
| Q2 25 | $658.4M | $1.2B | ||
| Q1 25 | $698.4M | $730.0M | ||
| Q4 24 | $685.7M | $552.0M | ||
| Q3 24 | $565.1M | $1.1B | ||
| Q2 24 | $526.9M | $854.0M |
毛利率ISRGRCL
| Q1 26 | 66.1% | — | ||
| Q4 25 | 66.4% | 47.4% | ||
| Q3 25 | 66.4% | 51.8% | ||
| Q2 25 | 66.3% | 49.7% | ||
| Q1 25 | 64.7% | 48.0% | ||
| Q4 24 | 68.0% | 45.4% | ||
| Q3 24 | 67.4% | 51.1% | ||
| Q2 24 | 68.3% | 47.6% |
营业利润率ISRGRCL
| Q1 26 | 64.8% | 21.9% | ||
| Q4 25 | 30.2% | 21.9% | ||
| Q3 25 | 30.3% | 33.1% | ||
| Q2 25 | 30.5% | 29.3% | ||
| Q1 25 | 25.7% | 23.6% | ||
| Q4 24 | 30.4% | 16.6% | ||
| Q3 24 | 28.3% | 33.4% | ||
| Q2 24 | 28.2% | 26.7% |
净利率ISRGRCL
| Q1 26 | 29.8% | 17.9% | ||
| Q4 25 | 27.7% | 17.7% | ||
| Q3 25 | 28.1% | 30.6% | ||
| Q2 25 | 27.0% | 26.7% | ||
| Q1 25 | 31.0% | 18.3% | ||
| Q4 24 | 28.4% | 14.7% | ||
| Q3 24 | 27.7% | 22.7% | ||
| Q2 24 | 26.2% | 20.8% |
每股收益（稀释后）ISRGRCL
| Q1 26 | $2.28 | $2.76 | ||
| Q4 25 | $2.19 | $2.76 | ||
| Q3 25 | $1.95 | $5.74 | ||
| Q2 25 | $1.81 | $4.41 | ||
| Q1 25 | $1.92 | $2.70 | ||
| Q4 24 | $1.89 | $2.27 | ||
| Q3 24 | $1.56 | $4.21 | ||
| Q2 24 | $1.46 | $3.11 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $825.0M |
| 总债务越低越好 | — | $21.3B |
| 股东权益账面价值 | $17.6B | $10.2B |
| 总资产 | $20.1B | $41.6B |
| 负债/权益比越低杠杆越低 | — | 2.08× |
8季度趋势，按日历期对齐
现金及短期投资ISRGRCL
| Q1 26 | — | $825.0M | ||
| Q4 25 | $5.9B | $825.0M | ||
| Q3 25 | $4.9B | $432.0M | ||
| Q2 25 | $5.3B | $735.0M | ||
| Q1 25 | $4.5B | $386.0M | ||
| Q4 24 | $4.0B | $388.0M | ||
| Q3 24 | $4.2B | $418.0M | ||
| Q2 24 | $4.8B | $391.0M |
总债务ISRGRCL
| Q1 26 | — | $21.3B | ||
| Q4 25 | — | $18.2B | ||
| Q3 25 | — | $17.2B | ||
| Q2 25 | — | $17.6B | ||
| Q1 25 | — | $18.0B | ||
| Q4 24 | — | $18.5B | ||
| Q3 24 | — | $19.0B | ||
| Q2 24 | — | $19.8B |
股东权益ISRGRCL
| Q1 26 | $17.6B | $10.2B | ||
| Q4 25 | $17.8B | $10.0B | ||
| Q3 25 | $16.9B | $10.1B | ||
| Q2 25 | $17.8B | $9.2B | ||
| Q1 25 | $17.1B | $8.0B | ||
| Q4 24 | $16.4B | $7.6B | ||
| Q3 24 | $15.6B | $7.0B | ||
| Q2 24 | $14.7B | $6.0B |
总资产ISRGRCL
| Q1 26 | $20.1B | $41.6B | ||
| Q4 25 | $20.5B | $41.6B | ||
| Q3 25 | $19.4B | $40.1B | ||
| Q2 25 | $20.2B | $38.5B | ||
| Q1 25 | $19.2B | $37.5B | ||
| Q4 24 | $18.7B | $37.1B | ||
| Q3 24 | $17.7B | $37.1B | ||
| Q2 24 | $16.6B | $37.0B |
负债/权益比ISRGRCL
| Q1 26 | — | 2.08× | ||
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 2.26× | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 2.69× | ||
| Q2 24 | — | 3.29× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $6.5B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 8.48× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ISRGRCL
| Q1 26 | — | $6.5B | ||
| Q4 25 | $892.5M | $1.6B | ||
| Q3 25 | $841.0M | $1.5B | ||
| Q2 25 | $715.4M | $1.7B | ||
| Q1 25 | $581.6M | $1.6B | ||
| Q4 24 | $822.6M | $1.5B | ||
| Q3 24 | $706.5M | $897.0M | ||
| Q2 24 | $620.5M | $1.6B |
自由现金流ISRGRCL
| Q1 26 | — | — | ||
| Q4 25 | $730.0M | $116.0M | ||
| Q3 25 | $735.6M | $-989.0M | ||
| Q2 25 | $560.1M | $910.0M | ||
| Q1 25 | $465.0M | $1.2B | ||
| Q4 24 | $510.6M | $915.0M | ||
| Q3 24 | $458.6M | $563.0M | ||
| Q2 24 | $311.1M | $-567.0M |
自由现金流率ISRGRCL
| Q1 26 | — | — | ||
| Q4 25 | 25.5% | 2.7% | ||
| Q3 25 | 29.4% | -19.2% | ||
| Q2 25 | 23.0% | 20.1% | ||
| Q1 25 | 20.6% | 30.0% | ||
| Q4 24 | 21.2% | 24.3% | ||
| Q3 24 | 22.5% | 11.5% | ||
| Q2 24 | 15.5% | -13.8% |
资本支出强度ISRGRCL
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 35.4% | ||
| Q3 25 | 4.2% | 47.8% | ||
| Q2 25 | 6.4% | 18.4% | ||
| Q1 25 | 5.2% | 10.7% | ||
| Q4 24 | 12.9% | 14.7% | ||
| Q3 24 | 12.2% | 6.8% | ||
| Q2 24 | 15.4% | 52.1% |
现金转化率ISRGRCL
| Q1 26 | — | 8.48× | ||
| Q4 25 | 1.12× | 2.16× | ||
| Q3 25 | 1.19× | 0.93× | ||
| Q2 25 | 1.09× | 1.44× | ||
| Q1 25 | 0.83× | 2.23× | ||
| Q4 24 | 1.20× | 2.66× | ||
| Q3 24 | 1.25× | 0.81× | ||
| Q2 24 | 1.18× | 1.84× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ISRG
| Instruments and accessories | $1.7B | 61% |
| Systems | $650.7M | 23% |
| Services | $433.7M | 16% |
RCL
暂无分部数据
